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A shareholders' meeting of OJSC Bank "Finance & Credit" was held

03.08.2009


press-release

       On August 3, 2009 there was held the General regular meeting of shareholders of OJSC Bank Finance & Credit, there was approved the program of measures earlier adopted by the National Bank of Ukraine directed at stabilization of financial key figures of the Bank and stimulation of anti-crisis factors.

      According to the Chairman of the Board of the Bank Finance and Credit, «at the meeting there was discussed a wide complex of measures, directed firstly at securing of Bank stable work proceeding, liabilities performance prior to depositors. Particularly this will be accomplished within gradual Bank capital increase in 2009. Gradual capital increase is reconciled with shareholders in August-September and October-November which allows sufficient adequacy provision of the capital to the end of 2009 and reach the index of 12,5%  including all necessary reserves formation. At that Bank strategy will be based on reduction and stabilization of Bank loan portfolio, in addition fulfilment of obligations to foreign creditors.

Information:
     Main shareholders of the Bank Finance and Credit as of 03.08.2009 are CJSC F&C Realty (46.67 %), Askania, Ltd., (48.88 %) and NJSC Naftogaz Ukrainy (0.63 %).

Contact:
Yuliya Zagorodnya,
Head of Informational
and Media Support Department
Bank Finance and Credit
tel.: +38 (044) 499-26-48
 e-mail: yuliya.zagorodnya@fcbank.com.ua



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